Companies

The Norwegian company Det Norske Veritas (DNV) GL, an international accredited registrar and classification society, will not be able to provide a certificate of compliance for the Nord Stream-2 gas pipeline, which is built by Gazprom’s subsidiary Nord Stream 2 AG, reports the Russian news agency RBC citing DNV’s press …

Italian oil major has Eni has announced a new oil discovery, in Meleiha Concession, in the Western Desert of Egypt. The discovery was achieved through the Arcadia 9 well, drilled on the Arcadia South structure, which is located 1.5 km south of the main Arcadia field already in production. The …

Rosneft and specialists of the Siberian Federal University have developed the technology of production of environmentally friendly drilling fluids based on seed oils and containing biodegradable components. The development of Russian green drilling fluids rivalling costly foreign analogues in terms of functionality is the task of utmost importance. Drilling fluids …

Samsung Heavy Industries Co., the world’s second-biggest shipbuilder by orders, said Wednesday it has won a 815 billion-won ($734 million) order to build four liquefied natural gas ships for an African customer. Samsung Heavy plans to supply the ships by May 2024, the company said. Since Monday, the company has …

Clean Energy Fuels Corp. and its largest shareholder, Total SE, entered a memorandum of understanding on Dec. 21 to create a 50/50 joint venture to develop carbon-negative renewable natural gas (RNG) production facilities in the United States, as well as credit support to build additional downstream RNG fueling infrastructure. Total …

The Russian oil company Tatneft is examining the possibility of resuming its operations in Libya, having ceased its works following the revolution of the 17 February, 2011. The Media East Monitor website reported that the company wished to return and resume production and exploration operations in several locations in Libya. …

Eight energy companies including BP, Shell and Total have agreed to apply a common set of “energy transition principles” across their businesses, including a commitment to industry decarbonisation. Six principles have been devised in collaboration with with investor lobby group Climate Action 100+. The eight companies comprise the three European …

Russian energy giant Rosneft on Tuesday said it had discovered a new gas field in the Kara Sea with total reserves of 514 billion cubic metres (bcm) of gas and 53 million tonnes of condensate.

ExxonMobil subsidiary ExxonMobil Exploration and Petronas Suriname Exploration & Production (PSEPBV) have discovered hydrocarbons offshore Suriname. The companies have discovered hydrocarbons at the Sloanea-1 exploration well on Block 52. Drilled by operator Petronas, the latest discovery is being examined to determine the well’s resource potential. Block 52 covers an area …

According to S&P Global Plattsreport, Russian state-owned oil & gas producer Rosneft said December 9 that it has discovered a large new gas field in the Arctic Kara Sea. Rosneft is playing a key role in Russia’s Arctic strategy, which aims to capitalize on warming temperatures to transport the remote …